Common use of Restricted Economic Elections Clause in Contracts

Restricted Economic Elections. (a) A Member may give an irrevocable notice of its election (the “Restricted Economic Election”) to be treated for purposes of this Agreement as a “Restricted Economic Member,” such that the maximum percentage of the aggregate economic interests attributable to the Units that such Member may own is such percentage as is designated in such Member’s Restricted Economic Election (such Restricted Economic Member’s “Maximum Aggregate Economic Interest”), by delivering written notice to the Company in the form attached as Exhibit G hereto.

Appears in 6 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

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Restricted Economic Elections. (a) A Member may give an irrevocable notice of its election (the “Restricted Economic Election”) to be treated for purposes of this Agreement as a “Restricted Economic Member,” such that the maximum percentage of the aggregate economic interests attributable to the Units that such Member may own is such percentage as is designated in such Member’s Restricted Economic Election (such Restricted Economic Member’s “Maximum Aggregate Economic Interest”), by delivering written notice to the Company in the form attached as Exhibit G E hereto.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

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